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<br /> �`1:�"' � f�aaw or Q�reaBer a paat of t�e p.r+opertgt. �11 re�2� �d a�dlt�cns sh�lt aL�a�Se w�ered�y this�arIt3r �� -'__--
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<br /> "',;��,��� . c, Iastmmsni..Afl of thc for€gaing is ref�ed to in ttte�Seci�it�rioastra�ent as tha°PraP�s'f•` -
<br /> , `�'; �,, � . , �flRROWEP.C�VIINA1�15 tliat BottawEr is lawfeilly seise8 of the�te h�re6y aomr�gr�t aa�fl�s ttie ri�t ta gaat an� • . �� - _
<br /> '�� ` soave�ti�PranPSty aad et�ci�Prn�civ is vn�abes�,exs�pt for ea�a�o€r�card. Borrocras warraats aad ar�l �� — _-
<br /> �� ,� �`'! dc��geacral3y ttte titit t�the Prap2ity a�ainst aIl slaems asd d�m��.s n bject ta aay e a c a i m hsaaces o f sr.�o r d. -_ ^-
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<br /> - -�=3.�� 't�HIB SBCIJRi"TY INSTR13tVlBNT cos�in�unif�cave�aats for aazional u�e aaB aoa-uniform cnvenaats arItL limited� � _ -
<br /> } �� � � paririatiam by/jurisdiction w canstitaie u vaif�rm s�rity insunmsnt Covexing�I p�gerty. _ � ��:.4} �� ;.
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<br /> � �� ` _,,� ' iJ2�tZRM CO`TBI3AI315.Boirower au�Ia�d�Coven2�nt and agrzz as fullowa: . ...,�4;.., ��,�;.��,s;:
<br /> <.��.� '. _ 1.�yca�ef PeIndgai su� Yrtere�grega3r�enf aud Y.ate Chsrgcs.�orr8wes sh.all P��Y �"i wh�n dne ttis �`
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<br /> }�°5''_�°'��.. . grIuc¢tai af a:s.d iniE;�t a�s t2te 8�bi evids�cc�by tt�e 1+Iote a�!aa}r grepaSrme�t a�1at�cdt�ges due emdes the rFate. ' - �' `
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<br /> ��='�,� : 2.Faasis[ar�'aaes au�I�.Sbbject to applicable law ar m a cvrito�waNer by l.eader, E3orroaer ehal!pay m �_ �-�., ,
<br /> .,s�,_ _-��� Leader on t�e day maz�thig pay�are dae uuder the Hose,until t�e Note is gaid ia f�ill.a sum(°Fuuds°)far:(a)Ye�tY t� _`"i" - .-.. : '.:. :
<br /> . "�_��.: r� ana Pssessm�nis c�hicxt may attain priotrty ovet thls Seauity Ias4tulu�nt as a lieu ou the ProPertY:@�Y�Y Ieasehold paymrats ; --
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<br /> - �;-����','--��, or gcouad.re�ats nn the Praperty.if aaY;(c)Y�az1y 1�azard ar gmpe�ty ins�c�p�ni�mrs;(d?Y�F��d�oe psts�timu�.. . - . . ` _ ?;:' .
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<br /> • 1974 as amendEd 4'rat�t�ii�!4a,to ti�, 12 U.S.C,��itsA,2601¢t seq.(�R$$�14��nless�ottier Iaw t�:�3:aPI1}�FSi�o the Fimds , Lz'a ;;,;F;�„�,_
<br /> , ; , .: . sets a Les�r amo�t. If so.Iender way.ac au���ttte,col2ect•and ho2d Funds in aa�aut ta ea�ceed t�toilesc�r a�unt. r �: ` �w 'e
<br /> _ ,-��;:��`:', Ler�er may e.ttimate the am�t,q€��nds due o�d�basis.o��¢m�c data�d�easonab2e estimases of expenditmp�of fatQne ' ,'�r- -
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<br /> , - Escmw Uems or ottserwIse in 2contd�ce aith apglirable lasa, •��..' . � -_
<br /> � - The F�mods sball be held 'm an insfitatics��hose��ase �by a federal agency, insl�nmentality, or entitY � �`.�4.. °_` ,
<br /> _ � . (ineta�g L�der.if I.e�der is sudi an ia�itu���or ia a�y.,'"-.eder�l Ha��crsn Baalc.Leuder sLall a�i�the Fnnds to pay the . `n�• -=
<br /> �' Fscso�v Items.I�nder ma3+not eharge Borrower far I�Iding r-�si apPIpmS ti�e F�ds,a�nally analyzicr,�;tLe esemw aao�mi,or -- - -�:'
<br /> � ` veritying the Escraw Items.tmtess Lender pays Boirower�on the Ftmds aad applicab2e law'perr�tts•Leadet to malce s�• , ` �' �' -
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<br /> . .. � `�'�� , a�aige.Hoa+ever.Ixader may require Bormwer to pay a�e-rimee charge for au independent real e,state tax repon�ng seivice . � . .
<br />. . : . `�s used by L�euder in caanectioa with this loan, anle�s agpllca6le law provides othetvrise. Unless a��ment is made or �;!`�; ,
<br /> — ° ;`_..�_ � applicable taw cequire.s inter�st w be paid,Icu�r shaii aai be�d to pay Bmrower aay interest or�.s�on the Funds. - _"-�. ;�;.
<br /> Botrower and Leadsr may�in writing,however,Q�at iatenesa shall be paid oa the Funds. LendEr�II give to Borrawer. _ , er,:�.
<br /> . � :. c�rithoui c�arge. aa amnual aecu�mting of the Fuads. sDowiag credits and debits ta the F�ds�d t6e g.upose fes�ch.eac� _ ' �_'��;:
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<br /> , _ .. -._ --aCIItt Evi`u�i�[�OS fi�uimt�.l�t��ssut�s�tjnw�2ts ti97a�iftvu3��tiy IoTa�SOIDSSEC1IIEa�D}I tIIlS3�lI�lIIS'R7ffi?� __ .
<br /> . If the Funds he2d by Lender exceed the amouats permitted w be held�n applicable law,Lxnder shaU accoimt to Bo:cower '` ;'�
<br /> �,.; . ' for tbe exc�s Funds in asxordance arith the iiements of Iicable lacr.Ef the amount of tlte FuaG's beld by Leudet at aay . .�twr.��`
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<br /> . __ . time is not suSicient tu pay tHe Esc�aw Items whea due.I.eader may so notify Horrower ia ariting,aar.'.in such case So:rower . ,;�� �`,_<.
<br /> �.. • shalt pay w Leader the�ount necessary w make np the def ciency.Borrower shall make up the deficieacy ln no moie tI� . : •'�`�,'
<br /> . tweIve monthly payments,at Lender's sole discretion. • .. . ��,�,�f
<br /> :- . _ Upon gaymem in fail of ail sams.serured by tLis Secu�ity Iastmment. Lender shall pr�omptiy.nefuad to Bormwer a�► ' . '`':,�-,"":�:
<br /> Fimds heid�iy I:ender.If.ander pazag�aph 21,Leader sbal]acquire or sell the Property,Leader,Priaa�s the 2squi�idon or sale . .. •�
<br /> � . • of the Pmperty.shall apply aay Funds held iry LeIIder at the time of acqnisiaon or sale as a credit a�z�,t&a snms s�by '� 1��-�� � _
<br /> _ . this Se.cauif;Instra�ent. � �.�;,��
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<br /> _ 3.Apglisatioa oi P�ymeats.Unless applicabte law provides othesvrise,all payments mceived bq l.ender uader paragraphs �
<br /> -` .. . 1 and 2 shall be appl£ed:first.to anY P�P�L cbarges due uader the Note;second,to amo�mts payable under paragrapL 2: � ':,.,r�„,��.
<br /> . k,,..: third.w intaest d�u�;fau:th,to grIacipal due;and last,to any lare c2iarges due under the Note. . :
<br /> "`i-- .�-x: � 4..CI�rBes:L��.Bormwer shall pay all taxes,a�sescme�,rR�c�argc�,fines and impositions attr,�table to the Property . , .
<br /> ��-'� �' . J� wbicb may attain priority over this Securiry Insm�ment, aad leasehold paymenu or gronad rents, if azry.Bonower ahaU PaY .
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<br /> these�:tgattons in the maaner pmvided in paragraph 2,or if not paid ia that manner.Borrower shall pay them an ti�e directly • . ' ' ;
<br /> to the person owed paymen�Bonower sLall PmmPU3+fumisb to Lender aU notices of amo�mts w be paid nadea tbi�.�aragaph. . ° '.::
<br /> .� '�*� If Borrawet makes these ., �` ��.�
<br /> ._ . ,. :�, Fayments directip,Borrower shall pmmptly fu�misb to Lender receipts evidencin�t�e paymeata. . �� _
<br /> . Borrower sLall promptiy dLsc1►arge aay llen which has priortty over this Security lnsmimeat unl�s IIcrrower:(a)agrees in � ••
<br /> "� ��. ' . wriHng to the payment of the obligation seciued by the lien la a mannet acceptable to Lender.(b)contests in goal faith the lien � .� '
<br /> •_ - ,. • by,or defends against enforcement of the liea ia, Iegal proceedinga which in the l.eadet's opinion aperate to greveat the . ,
<br /> enforcement of the 1ien;or(c)sectues from the holder of the tien�agceement satisfacxaR�r to Lender subordiaadng the lien to � .
<br /> � � _ this Secarity tastrument. If Lender determines that any pan of the Fropeny ls subject to a lien whic�may attain prioriry over � Ss �'
<br /> . .. thLs 5ecurity Instrument,lcnder may gtva Bormw�er a notice identifying t1�Iien.Borrower shall satisfy the lien or take one or • .
<br /> • -„ ; .� more of the actions set fortb above v�ithin 10 day-�cf the giving of noric�. ' . •
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